Foregut Research Foundation

Analysis

Foregut Research Foundation is a registered charity in United States, based in Castle Rock, CO. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Foregut Research Foundation reported income of $235k and spending of $281k, spending 120% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $255k to $235k (-7.8%), an average of -4.0% a year. The sharpest change came in the year to December 2022, when income dropped by 23%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foregut Research Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within CO. Charities of a similar size with the same main cause include Peer Coalition Inc ($235k), Conemaugh Valley Regional Ambulance Association ($235k) and Hawaii Cellular Therapy and Transplant Laboratory ($235k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $33k (12% of expenses). At year end it held assets of $77k against liabilities of $929, net assets of $76k. It reported 1 employees.